Judges Scientific’s (JDG) “Buy” Rating Reiterated at Berenberg Bank

Judges Scientific (LON:JDG)‘s stock had its “buy” rating reissued by Berenberg Bank in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a £124 ($163.80) price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 24.94% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a research note on Thursday, August 29th. Jefferies Financial Group began coverage on shares of Judges Scientific in a research note on Tuesday, September 3rd. They set a “buy” rating and a £122.30 ($161.56) target price for the company.

Judges Scientific Price Performance

Shares of JDG stock traded down GBX 375 ($4.95) on Thursday, reaching GBX 9,925 ($131.11). 11,008 shares of the company were exchanged, compared to its average volume of 12,521. The company has a market cap of £659.02 million, a price-to-earnings ratio of 6,892.36, a P/E/G ratio of 0.56 and a beta of 0.83. The business has a 50-day moving average price of £104.81 and a 200 day moving average price of £107.36. The company has a debt-to-equity ratio of 79.06, a quick ratio of 0.65 and a current ratio of 1.87. Judges Scientific has a 1 year low of GBX 7,300 ($96.43) and a 1 year high of £122.50 ($161.82).

Insider Activity

In other news, insider Bradley Leonard Ormsby purchased 4 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was acquired at an average price of £110 ($145.31) per share, with a total value of £440 ($581.24). Corporate insiders own 21.88% of the company’s stock.

About Judges Scientific

Judges Scientific plc designs, manufactures, and sells scientific instruments. The company offers engineering teaching and research equipment for universities, colleges, schools, and research centres; and research and development systems for food, beverage, dairy, edible oil, and pharmaceutical industries.